Caroline Ellison Praised as ‘Exemplary’ Witness in FTX Probe Ahead of Sentencing
- Prosecutors detail her assistance at Bankman-Fried Trial
- Ellison due to be sentenced for FTX crimes on Sept. 24
Caroline Ellison exits court in New York on Oct. 12, 2023.
Photographer: Stephanie Keith/BloombergThis article is for subscribers only.
Caroline Ellison was praised by prosecutors for her “exemplary” cooperation in the FTX fraud investigation, even though it made her the target of relentless harassment and public scrutiny.
Ahead of her sentencing for fraud committed at the crypto exchange, the government highlighted the role Ellison played in securing FTX founder Sam Bankman-Fried’s conviction. The government didn’t recommend a specific sentence, but asked US District Judge Lewis A. Kaplan to take the former Alameda Research executive’s cooperation into account.